Revolutionizing Telecom
Business Assurance
ASSURE BIZ
Telecom Business Assurance, often referred to simply as Business Assurance, possesses a broad scope. While Telecom Revenue Assurance focuses primarily on preventing revenue leakage and ensuring the accuracy of billing and revenue collection, Telecom Business Assurance encompasses a wider range of activities aimed at safeguarding and optimizing the overall business operations of a telecommunications company.
DID YOU KNOW?
In 2021 the Risk Assurance Group (RAG) reported total telecom industry leakage including revenue assurance and fraud management to be $149 Billion USD, or 7.4% of Global Telecom Revenues. (Security Breaches 3.3% + RA Leakage 2.7% + Fraud 1.4%)

Assure Biz is LATRO’s comprehensive Business Assurance solution, which integrates assurance and risk management disciplines.

Business Assurance includes key components like:

Data Analytics

Leveraging data analytics and business intelligence tools to gain insights into customer behavior, network performance, and market trends, enabling informed decision-making.

Risk Management

Telecom Business Assurance encompasses a comprehensive approach to identifying, assessing, and mitigating risks across various aspects of the telecom business. This includes financial risks, operational risks, regulatory risks, and reputational risks.

Cost Management

Managing and optimizing costs is essential for telecom companies to maintain profitability. Business Assurance includes efforts to control and reduce operational expenses while maximizing the efficiency of resource utilization.

Customer Experience

Ensuring a positive customer experience is a critical component of Business Assurance. Telecom companies aim to meet customer expectations in terms of service quality, support, and billing transparency to retain and attract customers.

Regulatory Compliance

Telecom operators must adhere to numerous regulations and industry standards. Business Assurance involves ensuring compliance with these rules to avoid legal issues and penalties.

Service Assurance

Ensuring the reliability, availability, and performance of telecom services, including voice, data, and internet services, to meet customer expectations and contractual obligations.

Assure Biz Solution

Business Growth and Protection

Identify and curb revenue leakage, safeguard your business and customers from fraud, and enhance operational efficiency.

Deployment Flexibility

Choose from diverse hosting options including Private, Hybrid, Public data centers, or on-premises solutions, all built on a cloud-native platform.

Big Data Framework

Harness the power of big data for in-depth analysis and insight, essential for today’s data-driven telecom environment.

Cost-Effective and Dependable

A cloud-hosted solution that offers lower TCO and reliable performance, reducing operational expenses.

Modularity and Scalability

Enjoy the freedom to select only the modules you need, ensuring a scalable and cost-effective solution that grows with your business.

Self-Service Data Monitoring

Gain autonomy with the ability to independently load and monitor new data sources, enhancing operational efficiency.

Tailored Solutions

Benefit from customizable options like Realtime Data Management Systems and tailored dashboards, ensuring solutions meet your specific needs.

AI/ML-Powered Insights

Utilize advanced AI/ML integration for sophisticated use case support and data-driven decision-making.

360-Degree Customer Insights:

Achieve a continuous, comprehensive view of your customers’ journey, from order entry to mobile money transactions.

Summary

Your Comprehensive Solution for Telecom Revenue Assurance and Fraud Management. Our cloud-native system, designed on a Big Data framework, offers a full scope of RAFM modules, customizable to your specific needs. Experience unparalleled flexibility with options for private, hybrid, or public data center hosting or on-premises deployment. Enjoy the power of AI/ML integration for advanced use cases, along with a modular approach ensuring you only pay for what you need. With Assure Biz, enhance your business operations efficiency, protect against fraud, and maintain customer trust. Increase your monitoring scope and make faster decisions with real-time data, all while benefiting from our expert-managed services. Transform your telecom business with LATRO’s Assure Biz, the smarter way to safeguard your revenues and streamline your operations.

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